Narrative Update • May 27

The Professional Services industry has stayed flat over the last week. Unfortunately though, the industry is down 32% over the past 12 months. Earnings are forecast to grow by 11% annually.
Has the U.K. Professional Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 31 May 2026 | UK£80.0b | UK£36.4b | UK£3.4b | 19.1x | 23.5x | 2.2x |
| Tue, 28 Apr 2026 | UK£85.4b | UK£36.0b | UK£3.3b | 19.2x | 25.9x | 2.4x |
| Thu, 26 Mar 2026 | UK£75.7b | UK£33.7b | UK£3.5b | 16.3x | 21.8x | 2.2x |
| Sat, 21 Feb 2026 | UK£78.1b | UK£36.0b | UK£3.5b | 19.7x | 22.3x | 2.2x |
| Mon, 19 Jan 2026 | UK£99.4b | UK£36.1b | UK£3.4b | 21.2x | 29.4x | 2.8x |
| Wed, 17 Dec 2025 | UK£99.4b | UK£36.0b | UK£3.4b | 19.2x | 29.4x | 2.8x |
| Fri, 14 Nov 2025 | UK£101.7b | UK£35.9b | UK£3.5b | 20.9x | 29.4x | 2.8x |
| Sun, 12 Oct 2025 | UK£107.7b | UK£35.5b | UK£3.3b | 22.5x | 32.6x | 3x |
| Tue, 09 Sep 2025 | UK£114.1b | UK£36.0b | UK£3.4b | 21.5x | 34x | 3.2x |
| Thu, 07 Aug 2025 | UK£115.9b | UK£36.4b | UK£3.4b | 21.3x | 34.3x | 3.2x |
| Sat, 05 Jul 2025 | UK£121.3b | UK£36.6b | UK£3.4b | 22.6x | 35.2x | 3.3x |
| Mon, 02 Jun 2025 | UK£122.0b | UK£36.6b | UK£3.4b | 23x | 35.7x | 3.3x |
| Wed, 30 Apr 2025 | UK£120.8b | UK£36.4b | UK£3.4b | 22.3x | 35.2x | 3.3x |
| Fri, 28 Mar 2025 | UK£120.0b | UK£37.2b | UK£3.5b | 23.1x | 34.5x | 3.2x |
| Sun, 23 Feb 2025 | UK£124.2b | UK£37.7b | UK£3.4b | 28.8x | 36.8x | 3.3x |
| Tue, 21 Jan 2025 | UK£127.1b | UK£38.0b | UK£3.4b | 28.6x | 37.6x | 3.3x |
| Thu, 19 Dec 2024 | UK£118.6b | UK£37.8b | UK£3.4b | 23.8x | 35.4x | 3.1x |
| Sat, 16 Nov 2024 | UK£114.7b | UK£37.8b | UK£3.3b | 23.1x | 35.2x | 3x |
| Mon, 14 Oct 2024 | UK£119.4b | UK£37.4b | UK£3.2b | 22.9x | 36.9x | 3.2x |
| Wed, 11 Sep 2024 | UK£118.0b | UK£37.4b | UK£3.2b | 22.7x | 36.7x | 3.2x |
| Fri, 09 Aug 2024 | UK£115.8b | UK£38.3b | UK£3.4b | 18.1x | 34.3x | 3x |
| Sun, 07 Jul 2024 | UK£118.4b | UK£38.5b | UK£3.1b | 19.4x | 37.9x | 3.1x |
| Tue, 04 Jun 2024 | UK£115.6b | UK£38.5b | UK£3.1b | 20.5x | 36.8x | 3x |
| Thu, 02 May 2024 | UK£109.2b | UK£38.4b | UK£3.0b | 19.1x | 36.1x | 2.8x |
| Sat, 30 Mar 2024 | UK£113.7b | UK£38.4b | UK£3.0b | 22.5x | 37.6x | 3x |
| Mon, 26 Feb 2024 | UK£115.2b | UK£40.7b | UK£3.2b | 19.3x | 35.6x | 2.8x |
| Wed, 24 Jan 2024 | UK£108.7b | UK£41.7b | UK£3.3b | 20.2x | 32.6x | 2.6x |
| Fri, 22 Dec 2023 | UK£105.8b | UK£41.7b | UK£3.3b | 22.3x | 31.7x | 2.5x |
| Sun, 19 Nov 2023 | UK£100.1b | UK£41.8b | UK£3.5b | 17.4x | 28.7x | 2.4x |
| Tue, 17 Oct 2023 | UK£96.9b | UK£41.7b | UK£3.3b | 17.1x | 29.5x | 2.3x |
| Thu, 14 Sep 2023 | UK£94.8b | UK£41.6b | UK£3.3b | 19.1x | 29x | 2.3x |
| Sat, 12 Aug 2023 | UK£92.8b | UK£41.1b | UK£3.3b | 17.8x | 28.3x | 2.3x |
| Mon, 10 Jul 2023 | UK£89.5b | UK£39.6b | UK£3.3b | 16.4x | 27.4x | 2.3x |
| Wed, 07 Jun 2023 | UK£93.7b | UK£39.7b | UK£3.3b | 16.6x | 28.4x | 2.4x |
28.4x
Which industries have driven the changes within the U.K. Industrials industry?
| GB Market | -0.27% | |
| Industrials | 2.40% | |
| Professional Services | -0.26% | |
| HR Services | 3.60% | |
| Research and Consulting Services | -0.36% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| REL RELX | UK£24.50 | 0.1% +UK£53.1m | -38.7% | PE21x | |
| RWS RWS Holdings | UK£1.08 | 10.9% +UK£39.3m | 35.2% | PS0.6x | |
| DATA GlobalData | UK£1.07 | 4.1% +UK£30.7m | -40.4% | PE23.6x | |
| HAS Hays | UK£0.33 | 5.6% +UK£27.8m | -54.2% | PS0.08x | |
| CPI Capita | UK£3.99 | 5.6% +UK£25.2m | 75.2% | PS0.2x |